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    1) Foreign technology collaboration in India aims to promote technological development and improve efficiency and productivity. It can occur through government approval or automatic approval and helps facilitate foreign direct investment. 2) India has a competitive advantage in its large, skilled workforce including over 200,000 engineering graduates and 300,000 post-graduates annually. It will continue to have a surplus of working population that could contribute 25% of additional global workers in the next 5 years. 3) India's information and communication technology sector has grown significantly, with IT-ITES exports reaching $23 billion in 2005-2006 and projected to reach $60 billion in 2010, making up 35% of India's total exports. The country has strong human capital and a

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    1) Foreign technology collaboration in India aims to promote technological development and improve efficiency and productivity. It can occur through government approval or automatic approval and helps facilitate foreign direct investment. 2) India has a competitive advantage in its large, skilled workforce including over 200,000 engineering graduates and 300,000 post-graduates annually. It will continue to have a surplus of working population that could contribute 25% of additional global workers in the next 5 years. 3) India's information and communication technology sector has grown significantly, with IT-ITES exports reaching $23 billion in 2005-2006 and projected to reach $60 billion in 2010, making up 35% of India's total exports. The country has strong human capital and a

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    13 views4 pages

    Foreign Technology Collaboration in India

    Uploaded by

    Abhijeet Bhaskar
    1) Foreign technology collaboration in India aims to promote technological development and improve efficiency and productivity. It can occur through government approval or automatic approval and helps facilitate foreign direct investment. 2) India has a competitive advantage in its large, skilled workforce including over 200,000 engineering graduates and 300,000 post-graduates annually. It will continue to have a surplus of working population that could contribute 25% of additional global workers in the next 5 years. 3) India's information and communication technology sector has grown significantly, with IT-ITES exports reaching $23 billion in 2005-2006 and projected to reach $60 billion in 2010, making up 35% of India's total exports. The country has strong human capital and a

    Copyright:

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    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 4

    Foreign Technology Collaboration in India

    1) Main Aim: - Technological development - Efficiency and Productivity 2) It can be done by, - Government approval - Automatic approval 3) Helps FDI
    Govt. Approval: - manufacturing + products = SSI - if it is previous agreement, joint venture or technological transfer. - Extension which has been approved earlier.

    Automatic Approval:
    - Royalty @ 5% on domestic sales and 8% on exports, net of taxes - Royalty up to 2% on exports and 1% also permitted for use of

    Trade Marks and Brand name, without any technology transfer


    - Royalty to be pay on time. - Expanded method of collaboration

    Indias Competitive Strengths - Human Capital


    Indias competitive edge - its highly-skilled manpower and entrepreneurial expertise
    Ranks 3rd in availability of scientist and engineers Ranks 8th in quality of management schools Over 200,000 engineering graduates Over 300,000 post graduates from non-engineering colleges 2,100,000 other graduates

    Knowledge workers in software industry increased from 56,000 in 1990-91 to over 70% of population by 2009-10; India would continue to be surplus in working population for a long-time
    Would contribute 25% to the additional working population globally over the next 5 years. 54% of Indias population under 25 years of age
    3

    ICT Advantages
    IT- ITES Exports In US $ Billion
    25 23

    20 17.2 15 12.8 10 10 6.2 5 8

    IT ITES Industry Exports US$23 billion in 2005-06, Growth=34% 2010 exports projection : US$60 billion, to be 35% of Indias total exports High quality standards 76 SEI/CMM level 5 companies, two third of worlds total, are Indian 400 of Global Fortune 500 companies are clients of Indian firms R&D base of over 100 FORTUNE 500 companies Investment Opportunities Collaborative ICT research Joint Software development in a variety of applications Hardware manufacturing

    0
    2000-01 2001 -02 200203 200304 200405 200506

    Source: NASSCOM

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